| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | $83M | $81M | -9.3% | -7.3% |
| Op. Income | -$21M | -$15M | -$6M | -47.7% | -253.1% |
| Gross Margin | 80.6% | 82.9% | 82.7% | -2.3pp | -2.1pp |
| Net Margin | -24.6% | -11.6% | -2.3% | -13.0pp | -22.3pp |
| EPS (Diluted) | $-1.37 | $-0.70 | $-0.14 | -94.4% | -894.7% |
| Free Cash Flow | $0 | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $60M |
| R&D Expenses | $2M |
| Selling & Marketing | $71M |
| General & Administrative | $8M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$21M |
| Interest Income | $922.6K |
| Interest Expense | $429.5K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$32.7K |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $1M |
| EBIT | -$18M |
| EBITDA | -$20M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $158M |
| Short-Term Investments | $42M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $267M |
| PP&E (Net) | $161M |
| Goodwill | $0 |
| Intangible Assets | $223.6K |
| Long-Term Investments | $10M |
| Tax Assets | $5M |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $270M |
| TOTAL ASSETS | $537M |
| Account Payables | $0 |
| Short-Term Debt | $5M |
| Deferred Revenue | $220M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $325M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $235M |
| TOTAL NON-CURRENT LIABILITIES | $349M |
| TOTAL LIABILITIES | $674M |
| Common Stock | $292 |
| Additional Paid-In Capital | $342M |
| Retained Earnings | -$502M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$137M |
| Minority Interest | -$32.0K |
| TOTAL EQUITY | -$137M |
| TOTAL LIABILITIES & EQUITY | $537M |
| Total Debt | $125M |
| Net Debt | -$33M |
